Arion Bank hf. - Company Announcement

Arion Bank hf. covered bond tap issue

Arion Bank will be tapping three ISK denominated covered bond issues on 3
August 2016, ARION CBI 21, ARION CBI 29 and ARION CB 22. According to Arion
Bank‘s issuance schedule the Bank intends to offer ISK denominated covered
bonds on the first Wednesday of every month throughout the year. See the Bank‘s
website for the issuance schedule: 

https://www.arionbanki.is/english/about-us/investor-relations/debt-investors/#is
suance-sched 

For further information please contact Kristín Erla Jónsdóttir, Arion Bank's
Funding at kristin.erla.jonsdottir@arionbanki.is, or tel. +354 856 6272